Charles Schwab stock price targets raised by Deutsche Bank and JPMorgan after strong Q1 earnings.

Charles Schwab received simultaneous price target increases from Deutsche Bank and JPMorgan following a strong Q1 earnings report. Deutsche Bank raised its target to $127 and maintained a Buy rating, while JPMorgan increased its target to $131 with an Overweight rating. The upgrades reflect confidence in Schwab's expanding net interest margin, which rose to 3%, and strong profitability driven by lower deposit costs. Schwab's total client assets grew 19% year over year to $11.77 trillion, with significant new account openings and asset inflows. The firm also boosted its dividend and repurchased shares aggressively. The positive outlook is supported by favorable interest rate conditions and secular growth in retail investing, though some macro uncertainties remain. Investors bullish on net interest margin expansion and Schwab’s strategic opportunities may find the stock attractive at current levels.